Term 1 of 50
Several forecasting methods rely on insights from a group of people, but which method does
NOT have the group discuss their opinions?
Delphi Groups
Interacting Groups
Nominal Groups
Precedence Relationships
Term 2 of 50
The alpha value (o) in the exponential smoothing formula is known as the
backward scheduling
adaptive smoothing
exponential smoothing
smoothing constant
Term 3 of 50
A term used to describe agile project management process team meetings is?
scrum
agile development
agile
sprint
,Term 4 of 50
One way of evaluating supply chain performance is a krajic matrix, which helps with
strategic security
benchmarking
supplier preferencing
supplier positioning
Term 5 of 50
Which of the following forecasting measures calculates the average of the absolute values of a
set of forecast errors?
MAD
CRAZY
SAD
ANGRY
Term 6 of 50
is a labeling system established in the 1950s for classifying waiting line models according to
their initial assumptions.
the m/m/1 model
exponential distribution
kendall notation
subcontracting
,Term 7 of 50
Which time series technique predicts a future value by combining the previous prediction and
some portion of the error in the prediction?
Simple moving average
Market research
Hoskins-hamilton smoothing
Simple exponential smoothing
Term 8 of 50
The text describes three types of negotiation in the purchasing process as
fixed
simple exponential smoothing
soft,hard,principled
r-=0.931
Term 9 of 50
Use of late start and late finish timings is known more generally as _________, referring to the fact
that the last possible finish times are found first.
forward planning
resource leveling
time boxing
backward scheduling
, Term 10 of 50
Multiple suppliers, manufacturers, and/or service providers may be involved in any product,
with each business relying on other suppliers and providers. This is an example of .
a payment gateway
supply chain management
a search engine
a supply chain
Term 11 of 50
It is NOT possible for a forecast to be both responsive and inaccurate.
True
False
Term 12 of 50
Queue________ specifies the order in which waiting arrivals are serve.
Order
Capacity
Queue
Discipline
Term 13 of 50
Capacity can refer to a single machine or to an entire supply chain network
True
False
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